=435. The corn laws and their effects.=—Previous to the great changes
which turned England into a manufacturing country, the agricultural
interests which controlled Parliament had assured themselves a good
measure of protection in framing the tariff laws. The importation of
grain was prevented by high duties; and the export was favored by
bounties when the supply was relatively plentiful and the price fell
below about $1.50 a bushel. Export became more and more rare as the
home demand for foodstuffs grew with the increase in the industrial
population; and toward the close of the eighteenth century it became
ever a more serious question whether England could produce at home
sufficient food for her growing people. An attempt was made to arrange
the laws so as to keep the price of wheat steady at about 48s. a
quarter ($1.50 a bushel), but the laws did not succeed in preventing
violent fluctuations in the price. At the close of the great wars, in
1815, English agriculturists demanded a continuance of the protection
which the stoppage of commerce had afforded them and the import of
foreign wheat was prohibited so long as the price at home did not
rise above 80s. (about $2.50 a bushel, or about $.30 for the quartern
loaf of bread). Landlords got high rents as a result, but farmers who
leased their land suffered when prices fell to a reasonable level,
and consumers were forced to pay extortionate prices for a prime
necessity. Hundreds of thousands of the working classes were brought to
the verge of starvation in 1817 by the price of wheat rising to 112s.
(about $3.50 a bushel).
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